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20110701
20110731
Search Results 0 to 6 of about 7 (some duplicates have been removed)
stares down its debt. abc's jon karl explains. >> reporter: we took a journey to the u.s. mint in philadelphia for a lesson in how the government is losing money by making money. this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president but nobody seems to want them. they cost 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about 600,000 dollars a day to make them. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle several aisles of them, millions and millions of dollars in presidential coins. federal reserve says they are piling up so quickly they are spending $650,000 to build a new vault in dallas to hold them. shipping the coins there will cost another $3 million. senator jack reed was one of the co-sponsors of the bill that directed the mint to ma
to see it as well. >>> jon huntsman, the former utah governor, now running for president. there's been a make shake-up in his campaign. his campaign manager is no longer his campaign manager. someone else has come in. susy wiles is gone, matt david is in. susie has served well and was vital in getting it off the ground in such a short time frame now the campaign is moving into phase 2, more aggressive from a tactical standpoint, and matt is prepared to take that on. another little reshuffle there in that campaign. it comes with the territory. we're watching all of this obviously very closely. don, back to you. >> wolf, thank you very much. >>> the next update in about 30 minutes. >>> now i want you to watch this. >>> the race to reach a debt deal. if it doesn't happen in 12 days, many say it could have catastrophic economic consequences. but try this one. is the deadline actually sooner? how much longer will wall street wait? brooke's off, i'm don lemon, the news starts right now. >>> children are dying. they're being left on the side of the road, because millions are hungry and can't
and there is still no agreement on what to do. sounds like a broken record. >> absolutely. as abc's jon karl reports it's not just democrats versus republicans, it's republicans versus republicans. >> reporter: john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partyers. get your ass in line, he said, i can't do this job unless you are behind me. >> get you guys in line? >> we are a team, we are about trying to move the country forward. >> reporter: the tough talk does appear to be working. but it's not an easy sell. some of the tea partyers still just don't believe those dire warnings about government default. >> armageddon happens at midnight, august 3, is not the case, it is not true. >> reporter: kevin mccarthy, the third ranking republican in the house, urged republicans to unite behind boehner's plan by showing this clip from "the town." >> i need your help. i can't tell you what it is, you can never ask me about it later, we're going to hurt some people. >> which car we going to take? >> r
utah governor and ambassador to china jon huntsman, the most moderate of the candidates vying for the anti-romney vote. huntsman has already ruled out competing in iowa, understands new hampshire is a must-win state. >> it is absolutely central to victory. central to our pathway of success. it's a state that we can win. >> reporter: in iowa, which votes first in the presidential contest, candidates were fighting for the social conservative vote. there were long shot contenders, newt gingrich and rick santorum. >> hi, you guys. >> reporter: as well as tea party sensation michele bachmann. a recent poll has the minnesota congresswoman in a statistical dead heat with romney, while gingrich and santorum barely made a dent in the single digits. tim pawlenty also polled poorly there. the former minnesota governor raised a disappointing $4.2 million this quarter and has had no public event over the holiday weekend. but those in the bottom half of that poll can take some comfort in the fact that sometimes the early polls don't tell us that much. this time four years ago, mike huckabee
Search Results 0 to 6 of about 7 (some duplicates have been removed)